Trustee - Law Dictionary Search Results
Landlord
own account or on behalf of another or on behalf of himself and others or as an agent, trustee, executor, administrator, receiver or guardian or who would so receive the rent or be entitled to receive the
Lapse
It is also a general rule that a trust legacy does not lapse by the death of the trustee in the testator's lifetime the legacy survives for the benefit of the beneficiary. Consult Jarman or Theobald on
Imprisonment
or justices of the peace, see R. v. Pratt, (1870) LR 5 QB 176. (3) Default by a trustee or person acting in a fiduci-ary capacity and ordered to pay by a Court of Equity any sum
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Land trust certificate
trust certificate, means an instrument granting the holder a share of the benefits of property ownership while the trustee retains legal title, Black's Law Dictionary, 7th Edn., p. 884.
Land
not an undivided share in land. a conveyance of land does not pass tithe rent-charge by implication, Public Trustee v. Duke of Lancaster, (1927) 1 KB 516. Also water, by a solecism, is held to be a
Jus disponendi
Jus disponendi, the right of disposition; the right of disposition by will; the rights call upon a trustee to execute conveyances of the legal estate, as the cestui que trust directs.
Involve
necessitate the bringing out of the profit motive of an activity expressly in the deed of trust, Sole Trustee Loka Sikshana Trust v. Commissioner of Income Tax, AIR 1976 SC 10 (24): (1976) 1 SCC 254. The
Invest
Invest, to give possession; to lay out money. As to investments which a trustee may make, see TRUST FUNDS
Intermediary
Estates Acquisition Act, 1953, s. 2(i)] Intermediary means a stockbroker, sub-broker, share transfer agent, banker to an issue, trustee to a trust deed, registrar to an issue, merchant banker, underwriter, portfolio manager, investment adviser and any other
Peto's Act
Peto's Act, the (English) Trustee Appointment Act, 1850 (13 & 14 Vict. c. 28), whereby property conveyed for religious or educational purposes vests
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